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Posted: October 2, 2007

Liquidia Technologies Receives $2 Million Advanced Technology Award

(Nanowerk News) Liquidia Technologies has received a $2 million award from the Commerce Department's National Institute of Standards and Technology (NIST) Advanced Technology Program (ATP). The award supports innovative research and development projects across a range of technologies including medical diagnostics, alternative energy, transportation, and nanotechnology.

Liquidia received the award to develop and manufacture high-efficiency, cost-effective patterned thin film solar cells based on the company's breakthrough PRINT(TM) platform for precision nanomolding. The PRINT platform combines photolithographic precision with a scalable continuous manufacturing process to commercialize nano-structured films for novel light management. Liquidia is currently working with partners to improve light management efficiency across photovoltaic and display applications.

The NIST ATP award is part of $138 million in expected total funding for research projects led by companies under the ATP. Projects were selected based on scientific and technical merit, and potential national benefit of the technology. For more information on NIST and the ATP award, please contact Michael Baum at michael.baum@nist.gov.

About Liquidia

Liquidia Technologies Inc. is an innovative nanotechnology company that designs, develops, and manufactures precisely engineered particles and films for a wide variety of life and materials science applications. Liquidia's proprietary PRINT(TM) platform is unique in its ability to replicate and produce nanoscale features with absolute control over particle size, shape, and composition. The company was founded in 2004 on the discoveries of Professor Joseph DeSimone at the University of North Carolina, Chapel Hill and is located in Research Triangle Park, North Carolina. In March 2007 Liquidia raised $16 million in a Series B round of financing led by New Enterprise Associates. www.liquidia.com